Old dog’s new tricks
NHN struggles to extend dominance to mobile Web NHN, the owner of Korea’s most widely used Web portal Naver, is ready to embrace mobile advertisements at a time when its key businesses are stalling. It remains uncertain whether the company’s new initiative will pay off but NHN is confident that the transition will cushion falling […]
Mobile firms target middle-aged clients
With the wide dissemination of smartphones, the age group of users is quickly diversifying to include the middle-aged. According to research by SK Planet, SK Telecom’s mobile platform subsidiary, the monthly data use of subscribers in their 50s has increased from 24 megabytes in January of 2011 to 112 megabytes as of the end of […]
Samsung may innovate chip-making process
Samsung Electronics said Friday that it has developed and patented methods to use graphene in field-effect transistors (FETs) that may revolutionize computers. The breakthrough has been published in the online edition of Science Magazine and nine patents have been secured. Samsung said in a statement that devices with FETs could be used to give computers […]
Facebook’s value comes to $104 billion
NEWYORKㅡ Facebook says it has priced its initial public offering of stock at $38 per share. That’s the high end of its expected range of $34 to $38. It means investor demand is strong for the world’s largest online social network. Facebook now stands to reap as much as $18.4 billion from the IPO, if […]
KT CEO blasts big firms for ‘free riding’
KT Chief Executive Lee Suk-chae has urged the government and the nation’s leading technology companies LG and Samsung Electronics to pay for using its networks. “Korea needs a new paradigm. The digital revolution has changed everything. Despite heavy data traffic amid rapid rises of data-intensive devices such as tablets and smartphones, no one is […]
Smartphone users make up 50% of mobile subscriptions
It is no longer news that smartphones are the current trend among mobile phone consumers but new statistics now back this up. According to data released by the three domestic mobile carriers smartphone users now account for over half of handset subscriptions in Korea. As one of the world’s most-wired societies, Korea has seen drastic […]
Future iPhones may bend, twist
Future versions of Apple’s iPhone, the definitive mobile device credited for taking the Internet beyond the personal computer, might bend and twist. At least that seemed to be what Samsung Electronics Vice Chairman Kwon Oh-hyun was hinting at when he revealed that the company is getting “huge’’ orders from electronics makers for it futuristic lineup […]
Daum’s dilemma
Why is portal site always second to Naver? Ironically, Web portal Daum, meaning “next” in Korean, has been second in line behind domestic rival Naver throughout the last decade. The last time, and with all probability the only time, it was undisputed top-dog of the Korean Internet market was when it was founded in 1995 […]
A game of chicken
Samsung tussles with LG in OLED market Oversupply is slowing growth in the global display industry triggering another “game of chicken” in this already cutthroat market. The world’s top flat-screen makers ― Samsung and LG Display ― have been competing fiercely to take the lead in advanced displays called OLED (organic light-emitting diode). “Because global […]
Game changer
Samsung Electronics vows to widen gap with Apple Samsung Electronics is seeking to widen its lead over the California-based Apple in smartphones as it believes the just-unveiled Galaxy S3 will be the most successful in the company’s phone-making history. “We strongly believe that the Galaxy S3 is a game changer, not just another technologically advanced […]
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